We have been used to hear about Alibaba, Amazon, Shopee, Lazada and other online shopping platform. Even the statistics said that an estimated 1.8B people worldwide purchase goods via online (Statista, 2018). In the same year, global e-retail sales amounted to $2.8 trillion. If that isn’t enough to blow you away, projections show that global e-retail sales are going to grow to up to $4.8 trillion by 2021.
However, have you ever heard about an online platform that gathers all geotechnical products and services in one platform? There has been question ‘Googled’ such as “Where can I find geotechnical products?”. I am sure there are many websites or online platform that already serve this kind of service platform, but I’m talking about the Alibaba or Amazon that only involve with geotechnical products and services.
This is a niche market, obviously. What if there is this kind of platform, does it bring benefits to the industry? Herewith 3 major advantages of locating all related Geotechnical products and services in one place.
The potential customer can look for the geotechnical products and services at ease. We cannot deny the importance of the Alibaba or Amazon to the world. Every human mankind now can buy any products from any parts in the world. I mean, a 20’s person from Tanzania can purchase the iPhone 12 Pro Max from China and can be received within 7 days.
That’s not very much different from the geotechnical products, services or even geotechnical related software. Customer will find it very convenient to purchase or subscribe to that particular services. Even that customer can request for their geotechnical product fixed if any faulty happens laboratory tests.
Locating all geotechnical products on a platform will significantly standardize the product pricing and the price range for same product with different brand will reduced. Since the geotechnical products and services are very niche and not many players in the industry, there are not people will know the exact prices for each product.
This will create a huge chance for the seller to mark-up their prices enormously. That’s why this geotechnical product online platform will be one of the major advantages of locating the geotechnical related products and services in One place.
_1000.png)
Since the COVID-19 hits on November 2019, it kind of shifts the shopping behaviour of the mankind. 42% of the US population alone bought groceries online in March 2020, nearly double the 22% in 2018.
This is due to the win-win situation that the customer and seller will gain from each transaction. The customer can enjoy the benefit of competitive price at online platform whereas the vendor can maximise the profit of each purchasing from the customer. Online shopping also will guarantee that the customer will get fast shipment while the seller’s will have a convenient business during the shipment procedure.